Egyptian investor Najib Soares has reviewed the investment of 7 billion dollars in Rekodic project.
American magazine Bloomberg says that Naguib Soares is one of Egypt’s billionaire investors.
Bloomberg said that Rekodic has the capacity to produce 200,000 tons of copper and 250,000 ounces of gold per year. Rekodic can produce this production for 50 years.
The American Journal says that at present Recodec is a joint venture between Pakistan and the international company Barrack.
On the other hand, Najeeb Soares says that I have spent 25 years in Pakistan, I want to stay with Pakistan.
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